Workers vote to strike at Lac’s Bousquet mine
A strike at Lac Minerals’ Bousquet No 1 mine and two associated mills near Malartic, Que. has brought operations to a complete standstill, the company said recently. After rejecting a new 3-year offer…
News
Alberta Stock Exchange Volumes generally low
Despite a slew of joint-venture agreements on a number of Canadian and U.S. properties, it wasn’t a stellar week for the majority of Alberta-listed resource companies. Volumes were generally low as i…
Eastmaque anticipates producing 24,000 oz gold at Kirkland Lake
Annual gold output from Eastmaque Gold Mines’ Kirkland Lake tailings project in Ontario will be around 24,000 oz, up from the 20,000 oz originally projected, the company reports. Eastmaque started pro…
COATS Trading Features (January 25, 1988)
A generally dull week of trading is the only way to summerize activity on coats this week. One long- lost issue which has come back from the grave is New Yarandry Ltd. Once a junior explorer in the 19…
Cuvier results at Ming’s Bight
Additional significant gold mineralization has been intersected on its Mings Bight property in the Baie Verte area of Newfoundland, according to Cuvier Mines. The company says drill hole No M87-15 int…
La Fosse assays
Assays from chip samples taken from a decline ramp have been received by La Fosse Platinum Group. The sampling was completed on the company’s Blue Lake property, located northeast of Schefferville, Qu…
Editorial Deficits can’t continue
When Brian Mulroney became Prime Minister in 1984 and a Progressive Conservative government was formed, we held great hope that some semblance of fiscal responsibility would follow. It appears we we…
Toronto Stock Exchange Lacklustre trading underlies market selloff
Resource issues were unable to buck the sell off today, which saw the tse composite decline 47.8 pts to 3,122.57 pts. Last week’s improved U.S. trade deficit news — which generated a small jump in ma…
Cdn-United Minerals drilling B.C. prospect
A $300,000 exploration program is under way on Canadian-United Minerals’ Firewood polymetallic prospect located 10 miles north of Granisle in central British Columbia. Work will include 5,000 ft of di…
Greater Temagami drilling original copper mine claims
The old Temagami mine property 25 miles south of Ontario’s famed Cobalt silver camp will be getting the once-over by Vancouver-listed Greater Tema gami Mines. The company optioned the property from Te…
Cash-hungry Mingold finds partner
At first glance, the recent marriage of a private Toronto company called Mingold Resources with tse-listed Golden Range Resources looks like any other back- door acquisition agreement. In need of cash…
McAdam updates reserves at its McWatters gold bet
An updated gold reserve figure of 910,869 tons at a grade of 0.189 oz gold per ton is reported by McAdam Resources, at its McWatters project near Noranda, Que. President John McAdam says surface drill…